I am posting an article from Today online on 2 differing views on the New Economic Policy.
As investors stay away, Malaysian policy comes under spotlight
Tuesday . January 30, 2007
KUALA LUMPUR – Why are foreign investors hesitant about going to Malaysia?
Could it have something to do with the affirmative action bumiputra policy,
which favours Muslim Malays in business, jobs and education?
The question was asked of Prime Minister Abdullah Ahmad Badawi in an interview with Financial Times (FT). The same issue also cropped upseparately at a conference on the country’s outlook for this year.
The diagnoses were exact opposites.